Quarterly report pursuant to Section 13 or 15(d)

Investments In Unconsolidated Joint Ventures (Portside Master Company, L.L.C.) (Narrative) (Details)

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Investments In Unconsolidated Joint Ventures (Portside Master Company, L.L.C.) (Narrative) (Details) (USD $)
6 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended
Jun. 30, 2013
item
Jul. 15, 2013
Jun. 30, 2013
PR II Portside Investors, L.L.C. [Member]
Jun. 30, 2013
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Portside Master Company, L.L.C. [Member]
Oct. 23, 2012
Portside Master Company, L.L.C. [Member]
Oct. 23, 2012
Portside Master Company's Interest In Portside Apartment Holdings [Member]
Jun. 30, 2013
Construction Loan [Member]
Portside Apartment Holdings, L.L.C. [Member]
item
Jun. 30, 2013
Construction Loan Extension Number 1 [Member]
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Construction Loan Extension Number 2 [Member]
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Portside At Pier One Building Seven Property [Member]
Oct. 23, 2012
Portside At Pier One Building Seven Property [Member]
item
Jun. 30, 2013
Portside At Pier One Building Seven Property [Member]
PR II Portside Investors, L.L.C. [Member]
Jun. 30, 2013
Portside At Pier One Building Seven Property [Member]
Construction Loan [Member]
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Minimum [Member]
Construction Loan [Member]
Portside Apartment Holdings, L.L.C. [Member]
Jun. 30, 2013
Portside Master Company, L.L.C. [Member]
PR II Portside Investors, L.L.C. [Member]
Schedule of Equity Method Investments [Line Items]                                  
Indirect residual ownership percentage             38.25%                    
Number of units                         176        
Investment ownership percentage             85.00% 45.00%                  
Total project costs                       $ 66,300,000   $ 23,800,000      
Maximum borrowing capacity 600,000,000 600,000,000             42,500,000           42,500,000    
Amount outstanding                 0                
Percentage of operating return on capital         9.00%                        
Capital balance                                 8,700,000
Accumulated unpaid operating return                                 300,000
Percentage of capital event cash flows distributed     65.00%     35.00%                      
Internal rate of return     12.00%                            
Spread over LIBOR   1.25%             2.50%                
Loan maturity date                 Dec. 01, 2015                
Number of extension options 2               2                
Loan extension period                 1 year                
Extension fee                   0.125% 0.25%            
Percentage of debt guaranteed by the company                 50.00%                
Percentage of debt guaranteed by the company after project completion                 25.00%                
Percentage of debt guaranteed by the company after debt service coverage ratio threshold reached                 10.00%                
Threshold of payment guarantee termination, debt service coverage ratio                               1.25  
Development management and other services fees       $ 169,000 $ 211,000                        
Holding and distribution pattern under operating agreement         In general, the operating agreement of Portside Apartment Holdings provides that operating cash flows are distributed to members first to Prudential Portside and then to Portside Master based on a nine percent operating return on each members' capital balance in priorities as detailed in the operating agreement. Excess operating cash flows are distributed to the members in accordance with their ownership percentages.